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20130118
20130118
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MSNBC 9
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COM 3
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Search Results 0 to 49 of about 51 (some duplicates have been removed)
CNBC
Jan 17, 2013 7:00pm EST
that republicans are putting a short-term debt ceiling hike on the table. short-term debt ceiling hike. but here's what i'm not hearing and what we should be hearing is an unambiguous plan to splash spending now. republicans need an absolute rock solid plan to implement the sequester which is $1.2 trillion over the next ten years. this is essential. not just to unite the republican conference. but more importantly, it's essential to helping the economy grow more rapidly. and if the republicans don't get it done, i'll say this. they may lose the house in 2014. so let's talk with karen finney. who's a columnist for the hill and former dnc communications director. and hadley heath, senior policy analyst at the independent women's forum. hadley, this paul ryan, he went out and met with reporters. republicans are in the retreat down in williamsburg, virginia. maybe they'll use a short term increase in the debt ceiling maybe three months or six months. is that the point? how does that inform you? does that get to the heart of the matter? >> it certainly doesn't get to the heart of the matter. if we re
FOX Business
Jan 18, 2013 3:00pm EST
worried about the debt ceiling in terms of your business and the economy? i know the republicans are now pushing for a temporary sort of increase it temporarily but then we'll be back debating this again. first off, i'd like to ask you, should there be a debt ceiling? hank paulson, former treasury secretary says there shouldn't be one. president obama thinks there shouldn't be one. do you think there should be a debt ceiling? >> listen, i prefer having a ceiling. i prefer having that sense of discipline. >> right. >> i like everybody else in this country, including the politicians have been frustrated by our inability to grab this issue by the throat and start doing something about it for the future of our competitiveness. now, we had a start with the deficit reduction efforts. >> right. >> prior to that i thought the bowles simpson commission was a powerful response to what we could do about our own deficit. >> why do you think the president ignored that? i mean his own commission, he ignored it. why do you think he did that? >> i can't speak for the president charlie. >> why do you thi
MSNBC
Jan 18, 2013 10:00am PST
republicans? i think we're beginning to see one result, which is the offer of a short-term debt ceiling extension that they don't want to engage in this second cliff battle with the white house right now. >> thanks for having me on. i told them a couple of things. one is stick to your principles. we need a principled conservative party. not another liberal party. but, secondly, find ways to talk about the kitchen table issues that people care about and solve problems and offer a clear contrast to the president about managing the finances of the united states of america. i think john boehner and eric cantor are doing a good job working together. i think we have to find ways to more carefully explain to people all year long why conservative principles work. i think they'll do that, and i look forward to working with them as governors do around the country in getting things done. >> do you think after newtown and the massacre there that things have changed on can't we find some middle place between the white house and congress on guns? >> i think the fist question, andrea, is what are the
MSNBC
Jan 18, 2013 1:00pm EST
up next week a short-term debt ceiling extension. is it too short? does this get us past the hump? >> well, you know, look, this is an attempt by republicans to acknowledge that in a way president obama has won on the i won't negotiate. >> it's not ending the problem, but it is an acknowledgment by house republicans that having that fight right now is not one that is politically advantageous for them, and not advantageous for the country. it does not mean, however -- obviously, it does not mean that we may not have down the road in three months time, and now kind of mid to late spring, we may not have the fight we are expecting to have next month. >> only 44% disapproval rating for the president. that's a pretty good head of steam going in. real concerns about whether the president and congress can do mying about the economy, which is job one. >> the vast majority say it's in the wrong direction. there is a pessimism, is the best word i can use, about the deposit's willingness and i think even more worrisome ability to fix the problem. >> there is a decline in confidence. there is
FOX Business
Jan 18, 2013 6:00pm EST
the technology and services to help you solve it. ♪ gerri: republicans go for a short-term increase in the debt ceiling, but how can we tackle our long-term problems? grover norquist year in 60 seconds. ♪ ♪ gerri: retreating or regrouping? house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which starts march 4/7. we have a continuing resolution. they are the republicans that can put obama on a very short leash and only give him a continuing resolution for a week for two or three. cut th
MSNBC
Jan 18, 2013 7:00am PST
who says maybe what we should do is increase the debt ceiling for the short-term? >> no, actually, i think that's a bad approach. because we just lurch from crisis to crisis. the paul ryan budget that the house passed with basically every single republican except for, i think, two, that would require in its own terms an increase in the debt ceiling of $1.5 trillion in two years. the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing. >> and you are part of this no labels coalition wanting to reach across the aisle. but let me read to you what david brooks wrote. polarization is too deep, special interests are too strong. the negotiators are too rusty. r
CBS
Jan 18, 2013 6:30pm EST
they, of course, prefer a long-term extension of the debt ceiling, not just three months. >> pelley: nancy, thanks. president obama is about to begin his second term and security for the inaugural ceremonies on monday will, of course, be extremely tight. uniform police will be everywhere, but we asked john miller to tell us about the security operations that you won't see. >> i, barack hussein obama do solemnly swear -- >> reporter: during president obama's first inauguration there was a threat taken so seriously that counterterrorism agents seemed to be everywhere in the crowd of two million. in east africa, people were taken into custody and given lie detector tests by the f.b.i. in tend, the tip turned out to be wrong but it gave a young administration on its very first day a picture of what can go on behind the scenes of a major event. for this inauguration, some of the security is meant to be obvious: the coast guard will shut down the potomac river, but some of the security is meant to be nearly invisible. at union station who two men who could have been waiting for a train we
FOX Business
Jan 18, 2013 11:00am EST
of short-term debt ceiling, the bigger picture, what should the priorities be in your view? >> first, i hope there was shock therapy fo so anybody says the d rape, they shot the whole things we can get away from that tendency somehow and members of our congress. the polling on republican party is focused on washington, which is very interesting since we a party that focuses on state. as a negative view of the washington republicans, we need to start focusing on the success that republicans have in the states. we will talk about that, but chris christie is getting all the attention, but john avalon wrote about how the number of minority governments at the republican party far exceeds the democrats. not just because of ethnicity, but these people like bobby jindal, suzanne martinez, they're doing great things in their state. if you look at the help of the red states, the safety of the red states, our party problem is we have a very deep bench and we don't go to those players. connell: we were talking with the "wall street journal" making his point in a column widely read now is the g.o.p.
CBS
Jan 18, 2013 4:30am PST
. >>> on capitol hill, some top republican leaders are considering a short-term increase of the debt ceiling. >> house budget committee chairman paul ryan says they are weighing the benefits of an extension as a way to get the senate and white house engaged in future conversations. president obama as warned that if congress doesn't raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans benefits. >>> university of california leaders say tuition hikes can be avoided this fall if the system gets the funding increase proposed in governor brown's budget plan. the quarter billion-dollar increase is less than that what the uc system had hoped. but it's a turnaround from years of budget cuts. the extra funding is due in part to proposition 30, the tax measure approved by california voters in november. >>> 55,000 local students will have the same class plan for part of today lessons on digital media safety. commonsense media is teaming up with the san francisco unified school district for the program. it wil
CSPAN
Jan 17, 2013 8:00pm EST
big would you need see in term of public -- [inaudible] take the debt ceiling off the table for the next reform years. would it be big enough? what do you need see for you and your colleagues on the democratic side to say, we're going engage in the conversation to the other side missing on entitlement? >> first of all, i have to take the debt ceiling off the table for a considerable period of time. secondly, regarding entitlement reform, let's take medicare, there are two challenges in term of medicare in the future. number one, is the rate of health care growth has been diminished. and the rate of medicare cost increased that has also been -- [inaudible] that's the first consequence or the first event of the last three years. secondly, we have health care reform, which has accelerated in health care cost increase. whattic we need to do in terms of medicare is for both parties and both house and the white house to sit down and have a serious discussion about how we continue to get ahold of medicare and other health care costs. we really need do that. our social security we h
FOX News
Jan 18, 2013 3:00pm PST
is drama. okay? so congress should do its job. we're not going to negotiate over extending the debt ceiling. >> though the house is planning something short-term to force the senate to the a budget. >> just the structure, moving something on a shorter term, what we are discussing is something that all could support. it's reasonable. but also very constructive for america themselves. >> spokesman for the senate majority leader harry reid says if the house pass a clean debt ceiling incress, the senate will be happy to consider it. jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look
FOX Business
Jan 18, 2013 1:00pm EST
, in march, government spending does run out. they would focus on a longer-term debt ceiling increase sometime in april or may. that is the strategy from house republicans. president obama says he has not even entertained any type of negotiations. republicans should agree to raise the debt ceiling because having to raise it is the result of appropriations already passed and signed into law. back to you. melissa: thanks so much. ashley: here with reaction to the gop when it peter welch. thank you for joining us. you say, look, republicans are making it an "economic weapon of mass distraction." do they get is a continuation of that? >> it is actually progress for the republican confidence, but it is not progress for the country. that tack tick is not one that they can hold onto because they know it will plunge this country into a deeper recession. they have been -- it is a way to say they are avoiding. ashley: it really is not addressing the issue, though, what will it take to get that in place. i know that you, of course, have been leading the charge to have the president to prevent th
MSNBC
Jan 17, 2013 11:00pm PST
did that get him? a debt ceiling crisis, charges of being a foreigner, and total war on health care reform. well, now the president isn't asking anymore, he's demanding. you know what? it may just work. >>> beating the neocons at their own game. the neoconservative industrial complex put all its weight behind defeating chuck hagel. it looks like they're going to lose. could it be the neocons are a spent force? could we be that lucky? >>> and back in the ussr. yet another republican cites the soviet threat. they're still fighting the cold war. they want the cold war i guess. that's in the "sideshow" where i hope it stays. >>> let me finish with my own thoughts about alcoholism and addiction and how it tragically struck down one of the most prominent political families in our nation's history. and this is "hardball," the place for politics. ve decided as i begin, i thank president clinton for his service to our nation. [ applause ] and i thank vice president gore for a contest conducted with spirit and ended with grace. [ applause ] >> you know, he seemed to be speaking english as a s
FOX News
Jan 18, 2013 8:00am PST
in williamsburg, virginia, talk of short-term debt limit discussion to try to work on a plan to get the debt and deficit under control. i talked to one key republican lawmaker who says there are three events coming that will coalesce. debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably hearing this as well. any reaction from the white house about potentially this plan from republicans? report or the jenna, --. >> reporter: jenna white house officials are saying if congress doesn't want to raise the debt ceiling they should authority rise president obama to do it himself. t
CBS
Jan 18, 2013 5:00am PST
. >>> some top republicans in congress are considering a short-term increase of the debt ceiling. house budget committee chairman paul ryan says they are wag the benefits of an extension as a way to get the senate and white house engaged in future conversations. the president has warned that if congress does not raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans' benefits. >>> things that men will do to i am privilege women. an aussie free diver says he got into the sport to win over a few girls at the public to impress women. he won more than the girls. the 32-year-old is making a nam for himself in diving. he can actually hold his breath under water for 6 minutes and 40 seconds. he is a champion in the second most dangerous sport in the world and he credits the peretti local girls he pretty local girls he met. >> he challenged them at the bar. >> he became an australian champion. >> he was on "60 minutes." he drops down over 200 feet. >> good luck. >>> 5:19. coming up, hear why the key t
MSNBC
Jan 18, 2013 3:00pm PST
went on. i think after the debt ceiling fiasco of the summer of 2011, he learned he wasn't able to get anything done unless he was willing to go out there and fight against first principles by the other side. i was disheartened by what he proposed. but it was a real change from before. in the past, he often tried to compromise in advance and tried to calculate what might i get through congress. this time, and i think it may be a model for the next four years, he said, look, this is what i want. this is the full program. now, let's talk about it and see what we can get passed. and i think that has a lot more po ten rnl to get more stuff done. >> no doubt about it. when you look that the president has announced it is a nonprofit. donations will be disclosed, it will be run by a small inner circle of campaign advisors and give our allies a way to rally behind an agenda. when you look at that, you can tell, melissa, it is interesting to me that some of my friends on the lecht, the left trying to say more radical. i mean, you usually support people that you always supported if they're fulfi
MSNBC
Jan 18, 2013 3:00am PST
, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age and indexing to try to attach that to a debt-limit deal. do they move beyond the debt limit, try to get to the continuing resolutions and those kinds of things? they recognize that this is the only area of leverage that they have, but they want to be careful about it. >> so chuck todd, how does the white house deal with that supposed leverage? >> well, first i think the republicans are hoping that they have a manti te'o defense, that somehow it was all a hoax and maybe the election was a hoax and they can go back and redo everything. no. i think the republican -- the white house strategy is make the house republicans try to do something. and i think that -- and my understanding what house republican leadership wants to do i
FOX Business
Jan 18, 2013 4:00pm EST
you, phil. david: house congressional leaders announcing today that they will vote on a debt ceiling bill next week that will include at least a short-term extension. liz: rich edson live at the house republican annual retreat which is in williamsburg virginia with the very latest. rich? rich: liz and david, a three month extension, that's what they are discussing. this is a result of three day meeting here, the republican retreat in williamsburg virginia. this is the bill that the house will vote on next week, a three month debt ceiling increase and debt ceiling increase is contingent on the house and senate passing a budget. the senate hasn't actually passed a budget in years. the bill also withholds congressional pay without congress passing a budget. the one problem with this for a number of republicans, there really are no other spending cuts in this. remember the boehner rule dubbed the boehner rule says any increase in the debt ceiling must correspond to equal amounts in spending cuts. >> not quite the same reaction from house minority leader nancy pelosi saying: >> so the rep
CSPAN
Jan 18, 2013 1:00am EST
on the debt ceiling and reaching agreement on the medium term debt reduction that i mentioned earlier. for the non-events economies, i am putting together the emerging markets as well as the [indiscernible] countries. clearly, those countries are fearing a much better case in terms of growth. but everywhere i have travelled in the last few months, in africa, in latin america, and in asia, there has always been a concern about the lack of decisive action to address the advanced economies crises. so those spillover effects coming colluding busy so those spillover effects, including -- so those spillover effects, of.including uncertainty, are clear. this is excessively too general. when you go down the list of the emerging market economies, some of them are much more vulnerable and open to the risks of contagion or spillover effects of the advanced economies. some of them are more interconnected regionally and less prone to those risks. but overall, in the main, there is that clear risk, which leads us to recommend to them that they actually improve and increase the buffers that they hav
NBC
Jan 18, 2013 4:00pm EST
will start with a budget battle. house republicans say they will extend the debt ceiling for three months, but if democrats don't agree to a new budget with deep spending cuts by april, members of congress will lose their paychecks. >>> witnesses are testifying at john leopold's trial. one said she believed she would be fired in she didn't dough what he wanted. he's accused of using staff to run personal and political errands. janet owens also took the stand today. >>> let's look at the weather on this weekend before the inauguration. >> it's been bright and sunny today. of course, if you've been outside, you know it's breezy today. we've had some gusts up to 20 miles an hour, the temperatures currently at 38 degrees with the northwesterly wind at 9 miles per hour right now. take a look at the windchill readings currently. feels like 31 in d.c., 29 in gaithersburg. slightly higher values way to the north and west. what it currently feels like. by 5:00 a.m. tomorrow morning, winds will diminish overnight, a bit of wind left hanging around. as low as 15, 16 degrees down around culpepper rap
Comedy Central
Jan 17, 2013 11:30pm PST
with the debt. i've been hearing about the debt ceiling. i understand when i grow up it could be hundreds of thousands of dollars could you please cut spending now. >> stephen: why aren't kids write together president about long-term restructuring of government debt. come on fox news youngsters, benic ron, the rest pinecrest retirement crew. put down the sunny d and fire up the underwood. [ laughter ] thankfully, folks, our constitution has a built-in mechanism to stop democratically elected tyrants from taking our guns and that brings us to tonight's word. [cheers and applause] united we stand off. president obama and his anti-gun storm troopers say it's okay for me to have a pistol. it's okay for me to have a rifle and a shotgun. but it's not okay for me to have military-style weaponry. maybe they've forgotten what the second amendment is. >> the founders feared government tyranny. >> the second amendment is about resistance to government tyranny. >> they never mentioned hunting and deer, they talked about freedom and liberty over tyranny. >> stephen: damn straight. like anybody setting
CSPAN
Jan 18, 2013 9:00am EST
that is failing to agree on increasing the debt ceiling on time and prior to that preferably and reaching agreement on medium-term debt reduction. that i mentioned earlier. for the nonadvanced economies, and i'm putting together the emerging markets as well as the low income countries, clearly those countries are faring at a much better pace in terms of growth. but everywhere i've traveled in the last two months in africa, in latin america and in asia there's always been a concern about the unbalances and the lack of decisive action to address the advanced economies' crisis. so this spillover effect including in terms of confidence building are clear. and given those, this increasing interconnectedness -- particularly with certain markets -- reducing this uncertainty is going to be key to the health of the global economy and to a lot of those regions that are still very dynamic to continue to grow at a pace that is sustainable and necessary for the well being of their population. this is excessively too general because when you go down the list of the emerging market economies and the low
MSNBC
Jan 18, 2013 11:00am PST
clear, definitive decisions. you lost. let's come together and compromise. pass the debt ceiling and talk about spending cuts if that's what you want to talk about. >> i want to read what "the washington post" conservative columnist had to say about the republican strategy. here's what he said. he wrote, obama's post-election arrogance and intransigence can put you in a fighting mood. i sympathize. this is what he's telling the republicans but i'm tending toward the realist view. don't force the issue when you don't have the power s. that what we're seeing with the debt kreeling in they don't have the power and maybe taking this advice from the conservative columnist? >> it's rare i agree with charles krauthammer but don't fight battles you can't win and don't go to the brink to be perceived as pulling back and therefore losing. this is not a fight they can win. it's certainly one they can lose and i think, though, just doing this three months, we are not done with this. if you're a crisis junkie, we are in the position of not only did the fiscal cliff not end this, we'll talk ab
Current
Jan 18, 2013 3:00pm PST
be able to say look, the debt ceiling is going to have to be raised regardless but house members can say well that's fine, but this is what we're demanding in terms of cuts. so maybe they are not linked except for the calendar, but at least in the minds of the republicans they certainly are linked. >> michael: yeah, i couldn't agree with that more. and that's a really great take on it. one of the other things that came out of this was that eric cantor said there was one part of the debt limit increase is is this . . . that's great messages and we'll get to that in a second but the 2 #th amendment says you can't alter pay until the new congress comes in. so it might not be legal. >> yeah it's pretty amazing because the republicans in the house can say whatever they want. the fact of the matter is they lost this argument the president said look this is all about paying the bills that we have already run up. it is about the future spending that was already approved. the republicans were losing that argument, and now they have lost it by saying okay fine. and then three
NBC
Jan 18, 2013 6:00pm EST
they want to do is say, look, we'll give a debt ceiling increase, but what you have to do in the signal is pass a budget. that's the current thinking right now. that gives them more leavage. >> i guess you guys will talk about the second term? >> we have senator schumer, senator cruz from texas, so we'll talk about guns, the debt, and great roundtable, too. and where there's some real challenges and opportunities there as well. you appeared in it. >> i don't want to commen about any of that. it has nothing to do with me. the nra does what it does. the ad is factually incorrect. i think, you know. this is not about me. i ask tough questions on both sides on my program. people sometimes want to make me a political target, which i shouldn't be. in this particular case, they're taking on an argument that's factually untrue. the only protection they get is from the secret service. that's true of all kids at that school. >> pretty long no comment. your assignment on inauguration today i? >> i'll be with brian williams and savannah guthrie. we'll be watching it all happen and talking about the
CNBC
Jan 18, 2013 6:00am EST
intimating at this point that they're going to be some short-term extension in the debt ceiling and focus on spending. they seem -- you know, they seem to be a little bit hesitant to allow themselves to be set up again as people that are trying to destroy the economy. they're tired of being put in that position where they're holding back the economy. and i think it was the accusation in the first place, but they're sensitive to this point and they're going to roll over. >> they're very sensitive. the political realities of the situation is that i think we all know what needs to be done longer term. the reality is can they get any of this done in the next two months? and that's a much bigger question. i think they're trying to figure that out right now? >> well, we will have people that will argue that we don't have a spending problem, that president obama said we're going to have an economist on today on how you get -- you know, we're going to talk to him. he says the one thing that would hurt the economy is in cuts in social security or medicare or medicaid. any type of reform to those t
CSPAN
Jan 18, 2013 6:00am EST
and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. i know we don't have unanimity in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do something. we have to act. and i hope we all agree, there is a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in newtown 34 days ago cannot be continued to be tolerated. that tragedy has affected the public psyche in a way i have never seen before. the image of first graders, not only shot,
CNBC
Jan 18, 2013 12:00pm EST
treasury is taking to stave offer the debt ceiling as early as february 15. >> that is what geithner himself has said. >> that's right. >> good stuff. thanks so much. >> you bet. >> have a good weekend. we'll see you next week. john harwood. pick up the debate somewhat on the issue. does it perhaps, can you say it extends the possibility that the market can look past what is going on? >> we've shut down the government before. it is a momentary instability in the markets. i think it'll be a buying opportunity. i like sequestration. i like the enforced budget cuts because that really helps the deficit. so i'm in favor of that. >> it's another reason the vix is down this much today, judge. you look at the market the market is pretty flat today. but the vix is just getting cranked. >> on your point, sorry to interrupt, i want to let everybody know the vix is now, reading a note from our news desk the vix is below 13 for the first time since june of 2007. and lot of that would mean that the risk premiums of course have shrunk and that would be because people are looking out saying rather
MSNBC
Jan 18, 2013 6:00am PST
? and it's killing -- every time we get a little better, 2011, the debt ceiling, and today, washington keeps making it worse. >> peter hart, there is also another aspect where the president stands right now and we wanted to put it in historical terms. this is the third straight two-term presidency so the third straight second inaugural we'll have if you will. >> right. >> it is similarities between obama and bush. this has been 2004 and 2012. very similar elections. they're in the same standing. where is the direction of the country, under clinton 46%. 40%. 35%. wrong track, though. clinton 38%. so he was a net positive. both bush and obama facing a net negative. when you see these numbers and you're in the middle of writing your second inaugural you have to take that into account when speaking to the public don't you? >> absolutely. and part of it is it's going from a position of hope to the ability to cope. and that's where the public is at. they recognize these are indeed difficult times and what is important is the ability to bring the public along. one thing you have to remember i
CNBC
Jan 18, 2013 1:00pm EST
what is happening here with the debt ceiling and u.s. economy but others say this is really just a lot of collectors simply wanting more coins. we are also looking at where silver plays in terms of other metals this weekend and as you can see it is clearly the winter. and it is posting the best week its nd two months time. back to you. >> thank you, sharon. >>> relatively flat on the major market indeces. >> we are positive for the week. >> you would think that stocks would be worried about the debt ceiling and yet we had word that gop controlled house might have a deal. might vote next week to raise the debt ceiling for even three months. there is a very muted reaction and what to watch here are how people are buying etfs. this is the s&p 500. you can buy it in a single stock and you might say, oh, gee, there is a move there to the far right on the upside when the announcement came. but it is a very, very narrow amplitude. very narrow range of trading. that's about three points on the s&p 500. the volume did pick up and we will have volume towards the heavy side today. if you think th
MSNBC
Jan 18, 2013 1:00pm PST
day for republicans and democrats as they haggle over raising the debt ceiling or not. let's get the latest from kristin welker at the white house. hey, kristin. >> hey, karen. >> there's been some serious stuff, this back and forth today between the white house and john boehner and harry reid and nancy pelosi. is there any response that you're getting from the white house to this latest, quote, unquote pru unquote, plan that the republicans have put forward? >> reporter: the white house is sort of echoing what you're hearing from majority leader reid which is they're encouraged by the fact that the republicans seem to be moving on this issue and willing to increase the debt ceiling. however, i think what is going to be a problem from the white house's perspective is that three months. i was speaking with a senior administration official a little earlier today and he sort of reiterated the fact that the president is opposed to this idea of increasing the debt ceiling in these small increments because it creates crises every couple of months. so that could be a potential problem m
CNN
Jan 18, 2013 2:00am PST
to overtime. >> if they blow the whole debt ceiling, is that a technical foul? >>> 27 minutes after the hour. we knew lance armstrong was confessing something. it is something different to see and hear him do it. more of that, coming up. 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com.
CSPAN
Jan 17, 2013 11:00pm EST
, between now and the time we deal with the debt ceiling, we may very well be able to meet the goal we set out to do, which is to have roughly $4 trillion cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statistics better than anyone, so i'm not going to repeat it. on that score i might add ale in a credible threat of gratitude to many of you at the table as well as those of you in the room. i know we don't have unanimity and this ballroom, nor do we have any ballroom, but we all know, it wanted knowledges we have to do some gain. we have to act and i hope we all agree there's a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in your newton cannot be tolerated. that tragedy in public life has affected the public safety in a way that i've never seen before.
CNBC
Jan 18, 2013 9:00am EST
committee said this. house republicans may seek a quick, short-term extension of the government's debt limit. now let's go to the other house. let's read, and i'll read for you, what senator john cornyn said. he said, we will raise the debt ceiling. he doesn't say may. he says we will. of course he is in the senate. we're not going to default on our debt. both of these gentlemen are on the right track. i personally think in my emotional state i might not have wanted to increase the debt ceiling but i think politics of course we can't be naive. the president has a very big platform for his strategy. he has the bully pulpit. and i think that some media are calling this a retreat on the debt ceiling. to me the only retreat in the equation is williamsburg, virginia. but i do think that now we can concentrate on what andy brenner and i were talking about yesterday and that is march 1st the sequester. march 27th the continuing resolution because we haven't seen both houses pass a budget and i think these issues are much easier to extract from the democrats/the white house because the short-term bu
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